Business

Fox-News Corp.  Merger Being Considered by Rupert Murdoch – The Hollywood Reporter

Fox-News Corp. Merger Being Considered by Rupert Murdoch – The Hollywood Reporter

Rupert Murdoch is considering whether to recombine his media empire. The 91-year old media mogul is contemplating a merger of Fox Corp. and News Corp., a deal that — if it happens — would bring the entertainment and media brands together a decade after they were split apart, according to a report in the Murdoch-owned …

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Nearly every CEO bracing for recession over next 12-18 months: survey

Nearly every CEO bracing for recession over next 12-18 months: survey

CEO confidence has plunged to its lowest levels since the Great Recession as central banks scramble to tame decades-high inflation, according to the results of a key survey. A whopping 98% of US-based CEOs say they are preparing for an economic recession over the next 12 to 18 months, according to the quarterly survey of …

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US stocks struggling to make 'crazy' bounce-back rally stick as earnings season gets under way

US stocks struggling to make ‘crazy’ bounce-back rally stick as earnings season gets under way

US stocks saw early gains fizzle Friday, with the market turning south after attempting to build on a bounce in the previous session that marked what’s been called one of the craziest market days in history. Stocks turned lower after a closely watched survey showed consumer inflation expectations were on the rise, while investors were …

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Get inflation-proof bonds paying 9.62 percent while there is still time

Get inflation-proof bonds paying 9.62 percent while there is still time

With another painful inflation report showing rapidly increasing prices for rent, food, medical care, electricity and heating fuel in September, people are searching for a safe place for their savings. If you have money to spare — parked in a low-paying savings account — the Treasury Department’s Series I savings bond is paying 9.62 percent …

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Stock futures are higher ahead of big bank earnings

Stock futures are higher ahead of big bank earnings

Stock futures ticked up Friday as investors turned their attention to big bank earnings after the major averages staged a historic turnaround rally. Futures tied to the Dow Jones Industrial Average rose 110 points, gold 0.37%. S&P 500 futures gained 0.3%, and Nasdaq 100 futures advanced 0.2%. JPMorgan Chase, Wells Fargo, Morgan Stanley and Citigroup …

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UK cliff edge arrives as Bank of England prepares to end bond buying

UK cliff edge arrives as Bank of England prepares to end bond buying

The Bank’s Financial Stability Committee on Sep. 28 announced a two-week emergency purchase program for long-dated UK government bonds. Bloomberg | Bloomberg | Getty Images LONDON — The Bank of England’s emergency bond-buying program draws to a close on Friday, with traders remaining on edge as volatility in the UK bond market looks set to …

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Consumer prices jump by the most in more than 2 years

Consumer prices jump by the most in more than 2 years

China’s consumer price index increased by 2.8% in September from a year ago as prices of food, especially pork, rose. Future Publishing | Future Publishing | Getty Images BEIJING — China’s consumer prices rose in September at their fastest pace in more than two years as pork prices climbed, the National Bureau of Statistics said …

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